Crypto
XRP ETF Inflows Rebound Amid Brief Outflow
US spot XRP exchange-traded funds (ETFs) have seen a rebound in investment, attracting $3.45 million in net inflows on August 6. This comes after a brief outflow of $3.58 million the previous day.
The recovery was led by Bitwise and Franklin Templeton, with their respective XRP ETFs drawing in $2.89 million and $561,560 in fresh capital. No other XRP ETF recorded net inflows during the session.
This surge in investment is notable, given that it followed a brief pause in buying just one day prior. Despite this temporary setback, US spot XRP ETFs continue to hold $1.51 billion in cumulative net inflows, with Bitwise being the largest at $510.21 million.